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The stablecoin economy is puffing itself back up after slipping from its $309 
billion peak at the end of October, gliding down to a low of $302 billion by 
Nov. 22. Over the past seven days, the sector has added $3.087 billion back to 
its total, giving the market a fresher shine. Stablecoin Sector Refuels […]

Liquidity Returns as USDC Drives a Fresh Upswing in the $306B Stablecoin Market

The comments followed S&amp;P&#8217;s downgrade of USDt&#8217;s ability to maintain its peg, 
which cited Tether&#8217;s Bitcoin and gold reserves as a concern.

Tether CEO slams S&P ratings agency and Influencers spreading USDt FUD

Ether is trading at $3,034 on Nov. 30 as futures and options markets show 
concentrated activity across CME, Binance, and Deribit, signaling a tightly 
balanced derivatives environment heading into December. Ether Derivatives 
Activity Builds With Strong Participation Across CME and Deribit Ether’s 
derivatives markets are posting steady engagement this week, with total 
ethereum futures open […]

Ether Options Action Thickens With Notable Volume at $6,000-Strike Calls

Spot Bitcoin ETFs (exchange-traded funds) are one of the biggest narratives 
and have been a game-changer in the cryptocurrency space in the past two 
years. With these investment products, people get to participate in the 
cryptocurrency market without having to directly own the digital assets. 
Interestingly, one of the biggest winners—that often gets overlooked—has been 
the issuers, especially as the crypto industry has seen increased 
institutional adoption since the Bitcoin ETFs launched. According to the 
firm’s executive, the BTC exchange-traded funds becoming the major source of 
revenue for BlackRock, the world’s largest asset manager, was not envisioned. 
BlackRock’s Bitcoin Funds Outweighing Expectations At the Blockchain 
Conference 2025 in São Paulo on Friday, November 28, BlackRock’s business 
development director in Brazil, Cristiano Castro, told reporters that the 
Bitcoin ETFs are the largest revenue source for their company. According to 
the executive, this development came as a “big surprise” to the asset 
management firm. Related Reading: Fed To End QT In December: Will Bitcoin 
Mirror The Massive Price Crash From Last Time? Castro said in a statement: We 
were very optimistic when we launched, but we didn’t believe it would reach 
such proportions. Just to give you an idea, it [IBIT in the US and IBIT39 in 
Brazil – the asset&#8217;s reference names] came very close to US$100 billion [in 
allocation]. This feat is notable for the Bitcoin ETFs, especially considering 
that BlackRock offers more than 1,400 exchange-traded products globally and 
has a whopping $13.4 trillion in assets under management. The US-based Bitcoin 
fund (with the IBIT ticker) has over $70.7 billion in net assets, becoming the 
first ETF to reach the $70-billion mark (doing so in June 2025). While the US 
Bitcoin ETF market has somewhat slowed down, BlackRock’s IBIT still continues 
to outpace other ETFs launched in recent years. As earlier reports suggested, 
IBIT had managed to generate roughly $245 million in annual fees as of October 
2025. Bitcoin ETF Outflows &#8216;Perfectly Normal&#8217; &#8211; Castro When asked about the 
recent outflows from BlackRock’s Bitcoin ETF as the market leader’s value 
fell, the director stated that there are zero surprises in that trend. “ETFs 
are very liquid and powerful instruments, and they serve precisely to allow 
people to allocate their capital and manage their cash flow,” Castro noted. 
The BlackRock director said that the withdrawals are expected, considering 
that the product is heavily owned by retail investors, who are reactionary in 
nature to price corrections. On Friday, the iShares Bitcoin Trust saw a net 
outflow of $113.72 million, bringing the weekly record to a negative $137.01 
million and the fund to its fifth-consecutive week of withdrawals. Related 
Reading: The Bitcoin Price Crash To $41,000: There’s A Shark In The Water 
Featured image from Getty Images, chart from TradingView

Cryptocurrency price in KWD